Nothing could be more depressing than a piece in today’s Chron, in which the state leaders, frankly, aren’t even trying to resolve the $19 billion budget deficit. In years past, such as the annis horribilis that was 2008, Governor Arnold Schwarzenegger and the legislature’s leaders at least met in person and tried to figure out a compromise. But this year, the governor has called a meeting of the “Big Five” only once, and that lasted less than an hour. That’s as the budget enters its 61st day overdue. Wyatt Buchanan reports that neither the governor nor the Democratic and Republican leaders have any leverage over one another anymore, and each side is simply going to present a competing budget for a vote, which will obviously lose, since neither side has a two-thirds majority. As the state prepares to issue IOUs again, Sacramento leaders seem to have simply given up.